Michigan Compiled Laws § 500.2270 Definitions.


500.2270 Definitions.

Sec. 2270.

As used in this chapter:

(a) "Certificate of insurance" means a document, regardless of how titled or described, that is prepared by an insurer or insurance producer that is a statement or summary of an insured's property or casualty insurance coverage. Certificate of insurance does not include a policy of insurance, insurance binder, or policy endorsement.

(b) "Director" means the director of the department of insurance and financial services.

(c) "Insurance" means any of the lines of authority in chapter 6.

(d) "Insurance producer" means that term as defined in section 1201.


History: Add. 2014, Act 271, Imd. Eff. July 2, 2014
Popular Name: Act 218


Section: 500.2270  500.2271  500.2273  500.2275  500.2277    Next

Last modified: October 10, 2016